NiCo Resources Limited
NiCo Resources Limited, headquartered in Australia, is a prominent player in the mining and resource sector, specialising in the exploration and development of nickel and cobalt projects. Founded in 2017, the company has quickly established itself with significant operations in key regions known for their rich mineral deposits. The firm focuses on producing high-quality nickel and cobalt, essential components in the battery manufacturing industry, particularly for electric vehicles. NiCo Resources is distinguished by its commitment to sustainable practices and innovative extraction techniques, which enhance both efficiency and environmental responsibility. With a strong market position, NiCo Resources Limited has achieved notable milestones, including successful exploration initiatives and strategic partnerships that bolster its growth trajectory. As the demand for battery metals continues to rise, NiCo Resources is well-positioned to contribute to the evolving landscape of renewable energy solutions.
DitchCarbon Score
How does NiCo Resources Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Research Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
NiCo Resources Limited's score of 11 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NiCo Resources Limited's reported carbon emissions
In 2023, NiCo Resources Limited reported a significant carbon emissions intensity of approximately 18,000 kg CO2e per tonne of nickel metal produced. This figure reflects the company's impact on climate change, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. In 2021, the company reported a greenhouse gas (GHG) emissions intensity of about 12,600 kg CO2e per tonne across various operations, including ores, slag, and ash, as well as steel production. Currently, NiCo Resources does not have publicly disclosed reduction targets or commitments under the Science Based Targets initiative (SBTi) or any formal climate pledges. This lack of specific reduction initiatives indicates that while the company is aware of its emissions impact, it has yet to establish formal commitments to reduce its carbon footprint. As the industry increasingly focuses on sustainability, NiCo Resources will need to consider setting measurable targets to align with global climate goals.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
NiCo Resources Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
